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economics and markets
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Grhog
Posted 8/6/2017 08:36 (#6170218 - in reply to #6170189)
Subject: RE: There is even a simpler explanation.


Se wisc.
+ 1 on machines. A counter theory is the idea as jobs get eliminated by machines, new ones emerge. Example in 1900 40% of population were farmers. Now 2%. The other 38% have jobs. But agree whole heartedly on your example of distribution of wealth. Hopefully their will be a machine to fix that.
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